After a painful finish on Tuesday, equities bounced back hard on Wednesday. And with that in mind, let’s look at a few top stock trades for Thursday. Top Stock Trades for Tomorrow No. 1: Home Depot (HD) Shares of Home Depot (NYSE:HD) continue to chug higher. The stock hit new all-time highs on Wednesday, and
Nima Ghamsari, co-founder and chief executive officer of Blend, speaks during the Sooner Than You Think conference in Brooklyn, New York, Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Digital lending start-up Blend raised $75 million in fresh funding amid surging demand for streamlined mortgage applications during the coronavirus pandemic. The move values the
Spacex founder Elon Musk celebrates after the successful launch of the SpaceX Falcon 9 rocket with the Crew Dragon spacecraft at the Kennedy Space Center on May 30, 2020 in Cape Canaveral, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Tesla — Shares of the electric carmaker jumped more
Canopy Growth (NYSE:CGC) has been full of misdirection as of late. CGC stock was giving bulls a nice pre-earnings rally before a two-dip ahead of the release. Upon popping higher on earnings, the stock is once again moving lower. What gives? Source: Shutterstock Putting our finger on this one has been tough, as the cannabis
I have a Mount Rushmore of failure for the last decade’s business leaders. It includes Virginia Rometty of IBM (NYSE:IBM), Brian Krzanich of Intel (NASDAQ:INTC), Jeff Immelt of General Electric (NYSE:GE) and Randall Stephenson of AT&T (NYSE:T). And today we’re going to talk specifically about AT&T stock. Source: Roman Tiraspolsky / Shutterstock.com Their failures all
Here at InvestorPlace, we tend to write about subjects and companies that our readers have expressed interest in. That’s why I’m writing about Chesapeake Energy (OTCMKTS:CHKAQ) today. I’m the fifth InvestorPlace contributor to write about Chesapeake Energy stock in the past two weeks alone. Source: Casimiro PT / Shutterstock.com I don’t think there’s any question
In our live stream Swing Trading. Today we discuss if it is time to sell Tesla stock given the $TSLA stock split. We will do some Technical Analysis to determine resistance levels on the stock charts. ✅Get Notified 15 Minutes To US Going Live Via Eamil (No Spam Pledge) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Check out the companies making headlines after the bell: Tesla — The electric automaker jumped 7% in after hours trading after announcing a five-for-one stock split. Trading will begin on
For many investors, over-the-counter equities, or OTC stocks, imply a high degree of speculation. Yes, there are plenty of micro- and small-cap names among OTC stocks. But this isn’t an indictment. Nor is the OTC label. In fact, all over-the-counter really means is the methodology by which a stock trades. OTC stocks don’t transact on
Chinese micro-blogging social-media site Weibo (NASDAQ:WB) is often referred to as that nation’s version of Twitter (NYSE:TWTR). Yet, holders of WB stock shouldn’t be thinking of Twitter right now. They should be weighing TikTok’s troubles – and wondering if Weibo might get caught in the crossfire. Source: testing / Shutterstock.com For many years, I’ve issued a
It was a bumpy day on Wall Street, as sector rotation continues to create a choppy trading environment. With that in mind, let’s look at a few top stock trades for Wednesday. Top Stock Trades for Tomorrow No. 1: Gold ETF (GLD) What an excellent trade gold has been on the long side. But now
We had seen yet another strong week for silver (SLV) with the metal up 16% last week, and years of underperformance vs. gold (GLD) are now a thing of the past. In the past three weeks alone, the gold/silver ratio has dropped from 130 to 1 to 70 to 1, and this massive outperformance has
A worker wearing a protective mask adjusts a torque wrench inside the service area at a Harley-Davidson dealership in Oakland, California, on Thursday, July 16, 2020. David Paul Morris | Bloomberg | Getty Images The dark side of good earnings: Companies are talking about turning “furloughs” into permanent layoffs. You knew this was coming. It’s
A man walks past the Wall Street Charging Bull in New York, the United States, March 24, 2020. Wang Ying | Xinhua News Agency | Getty Images The S&P 500 is nearing its all-time high, a level that could serve as a launch pad for bigger gains. Technical analysts, who watch stock charts more than
Nio (NYSE:NIO) has been a volatile name lately, but the bias has been to the upside. With its earnings report on Aug. 11 before the open, Nio stock is moving higher. Or should I say, it was moving higher. Source: Carrie Fereday / Shutterstock.com Shares were up more than 8% in early trading near $15.50.
It’s no secret that interest rates are slumping. Many banks offer no return on savings accounts nowadays. Even certificates of deposits and government bonds often yield 1% or less in today’s environment. With that in mind, investors are looking to other types of assets to fill the income gap. Monthly dividend stocks are one appealing
With shares falling far below recent highs, is it time to buy the dip in Nikola (NASDAQ:NKLA)? Not so fast! Sure, it’s future potential, not current valuation, driving names like Nikola stock. If the company can pull off bringing a hydrogen electric vehicle to market, it could give EV powerhouse Tesla (NASDAQ:TSLA) a run for
A rally to over $2, as expected Natural gas could run into selling for three reasons Trading the range for the coming weeks In late March, the price of natural gas fell to a quarter-of-a-century low of $1.519 per MMBtu. After a recovery that took the nearby futures contract to $2.162 in early May, selling
In our live stream Swing Trading. Today we discuss if it is time to sell silver, gold and the gold mining stocks. We will do some Technical Analysis to determine resistance levels on the stock charts. ✅Get Notified 15 Minutes To US Going Live Via Eamil (No Spam Pledge) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video
A stack of Starlink internet satellites just before a launch. SpaceX SpaceX is manufacturing its Starlink satellites at an unprecedented rate for the space industry, analysts say, as the company dives headlong into building a space-based global internet service. Elon Musk’s company told the Federal Communications Commission in a presentation last month that its Starlink unit